- Issuer
- GMO
- Inception Date
- Oct 27, 2025
- Region
- North America (United States)
- Category
- Ultrashort Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $35M
Share Price Chart
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Performance
GMOC Performance Chart
GMO Ultra-Short Income ETF (GMOC) is up 1.7% since the beginning of the year. GMOC is currently trading at $50 per share.
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Returns By Period
GMO Ultra-Short Income ETF
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.65%
- 6M
- 2.00%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 24.32%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
GMOC Monthly Returns History
Based on dividend-adjusted daily data since Oct 28, 2025, GMOC's average daily return is +0.02%, while the average monthly return is +0.27%. At this rate, an investment would double in approximately 21.4 years.
Historically, 89% of months were positive and 11% were negative. The best month was Nov 2025 with a return of +0.4%, while the worst month was Oct 2025 at -0.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 1 months.
On a daily basis, GMOC closed higher 71% of trading days. The best single day was Nov 7, 2025 with a return of +0.2%, while the worst single day was Nov 10, 2025 at -0.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.32% | 0.37% | 0.27% | 0.38% | 0.25% | 0.05% | 1.65% | ||||||
| 2025 | -0.06% | 0.41% | 0.41% | 0.76% |
Benchmark Metrics
GMO Ultra-Short Income ETF has an annualized alpha of 4.03%, beta of 0.00, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since October 29, 2025.
- This ETF captured 6.53% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -12.31%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.00 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.03%
- Beta
- 0.00
- R²
- 0.01
- Upside Capture
- 6.53%
- Downside Capture
- -12.31%
Expense Ratio
GMOC has an expense ratio of 0.20%, which is considered low.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for GMO Ultra-Short Income ETF (GMOC) and compare them to S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
GMO Ultra-Short Income ETF provided a 2.33% dividend yield over the last twelve months, with an annual payout of $1.17 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $1.17 | $0.42 |
Dividend yield | 2.33% | 0.84% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO Ultra-Short Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.10 | $0.00 | $0.35 | $0.13 | $0.17 | $0.00 | $0.75 | ||||||
| 2025 | $0.03 | $0.13 | $0.26 | $0.42 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the GMO Ultra-Short Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GMO Ultra-Short Income ETF was 0.13%, occurring on Nov 10, 2025. Recovery took 8 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 pullback2025 | -0.13%Nov 2025 | 0s | 10d | 10dNov 2025 - Nov 2025 |
2025 pullback2025 | -0.08%Oct 2025 | 1d | 5d | 6dOct 2025 - Nov 2025 |
2026 pullback2026 | -0.07%Apr 2026 | 0s | 1d | 1dApr 2026 - Apr 2026 |
2026 pullback2026 | -0.06%Apr 2026 | 0s | 5d | 5dApr 2026 - Apr 2026 |
2026 pullback2026 | -0.05%May 2026 | 1d | 1d | 2dMay 2026 - May 2026 |
Drawdown Indicators
| GMOC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.13% | -56.78% | +56.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.97% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -10.72% | +10.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.97% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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